Manager Of Npi Costing Team (Through May 2024)
Current Led NPI (New Product Introduction) costing team overseeing cost management and reporting of programs valued up to $200 million annually Designed and executed a DTC (Design-to-Cost) methodology resulting in product COGS consistently meeting targets within 5% Created and optimized NPI costing process by introducing new estimating and modeling techniques, reducing manual labor hours by 20% Conducted thorough evaluations of RFP/RFQ submissions, uncovering hidden factory costs, cost… Show more Led NPI (New Product Introduction) costing team overseeing cost management and reporting of programs valued up to $200 million annually Designed and executed a DTC (Design-to-Cost) methodology resulting in product COGS consistently meeting targets within 5% Created and optimized NPI costing process by introducing new estimating and modeling techniques, reducing manual labor hours by 20% Conducted thorough evaluations of RFP/RFQ submissions, uncovering hidden factory costs, cost drivers, and driving cost reduction initiatives Developed effective negotiation strategies for NPI products, consistently achieving savings of over 10% Engineered Should Cost models for injection molded parts, achieving a 15% reduction in associated parts Orchestrated early engagement design reviews to optimize product costs prior to launch Led cross-functional product teardowns, identifying cost reduction opportunities or narrowing target variance gap Conducted detailed product comparisons at various levels, enhancing cost visibility across the organization Oversaw identification of cost reduction opportunities, yielding savings exceeding 10 million Collaborated with Operations, Sourcing, Quality, Commercial, and Finance departments to minimize waste and optimize TCO (Total Cost of Ownership) Established standard RFQ and cost analysis templates for efficient supplier and product comparisons Set program sub-assembly, feature set, and functional design targets to drive efficiency and cost-effectiveness Show less